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Somany Ceramics’ wholly owned subsidiary -- Somany Piastrelle (SPPL) has allotted 7,50,00,000, 10.50% Cumulative Redeemable Preference Shares (CRPS) of Rs 10 each aggregating to Rs 75 crore  to company by way of right issue on July 28, 2023. After above investment, the total investment of the company in the securities of SPPL stands Rs 125 crore. The objects and effects of acquisition through subscription of right issue of 10.50% CRPS is to support the business objectives of SPPL.

Somany Ceramics is in the business of manufacturing and trading of tiles, Sanitaryware and Bath Fittings.


Somany Ceramics Share Price

447.05 5.90 (1.34%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Kajaria Ceramics 1187.65
Somany Ceramics 447.05
Cera Sanitaryware 5296.40
Asian Granito India 77.40
Pokarna 906.95
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